rio: extract from 2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition.md

- Source: inbox/archive/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 5)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/drift-fund-the-drift-superteam-earn-creator-competition.md

@@ -0,0 +1,39 @@
+---
+type: entity
+entity_type: decision_market
+name: "Drift: Fund The Drift Superteam Earn Creator Competition"
+domain: internet-finance
+status: failed
+parent_entity: "[[drift]]"
+platform: "futardio"
+proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2"
+proposal_url: "https://www.futard.io/proposal/AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMGY"
+proposal_date: 2024-08-27
+resolution_date: 2024-08-31
+category: "grants"
+summary: "Proposal to fund $8,250 prize pool for Drift Protocol Creator Competition promoting B.E.T prediction market through Superteam Earn bounties"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Drift: Fund The Drift Superteam Earn Creator Competition
+
+## Summary
+Proposal to allocate $8,250 from the Drift Foundation Grants Program to fund a creator competition on Superteam Earn celebrating the launch of B.E.T (Solana's first capital efficient prediction market). The competition included three bounty tracks (video, Twitter thread, trade ideas) plus a grand prize, each with tiered rewards.
+
+## Market Data
+- **Outcome:** Failed
+- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2
+- **Created:** 2024-08-27
+- **Completed:** 2024-08-31
+- **Prize Pool:** $8,250 in DRIFT tokens
+  - Grand prize: $3,000
+  - Three bounty tracks: $1,750 each (1st: $1,000, 2nd: $500, 3rd: $250)
+
+## Significance
+Represents an early futarchy-governed marketing/grants decision for a DeFi protocol. The failure suggests either insufficient community support for the spending, skepticism about ROI from creator competitions, or concerns about the B.E.T product itself. Notable as a test case for using futarchy to govern community engagement and marketing budgets rather than just technical or treasury decisions.
+
+## Relationship to KB
+- [[drift]] - parent entity governance decision
+- [[futardio]] - platform hosting the decision market
+- [[MetaDAOs futarchy implementation shows limited trading volume in uncontested decisions]] - relevant pattern

entities/internet-finance/drift.md

@@ -37,6 +37,7 @@ Perpetuals DEX on Solana — one of the largest decentralized derivatives platfo
 - **2024-12-19** — AI Agents Grants program: 50K DRIFT for trading, yield, info, and social agents
 - **2025-02-13** — Drift Working Group funded via futarchy
 
+- **2024-08-27** — [[drift-fund-the-drift-superteam-earn-creator-competition]] failed: Futarchy proposal to fund $8,250 Superteam Earn creator competition for B.E.T launch rejected by market
 ## Competitive Position
 - **Futarchy validation**: Drift using MetaDAO's governance system is the strongest external validation signal — a major protocol choosing futarchy over traditional token voting for real treasury decisions.
 - **Future leverage threat**: Drift listing META perps would directly compete with OmniPair for leverage demand. This is OmniPair's identified "key vulnerability" — the moat is temporary.

inbox/archive/2024-08-27-futardio-proposal-fund-the-drift-superteam-earn-creator-competition.md

@@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMG
 date: 2024-08-27
 domain: internet-finance
 format: data
-status: unprocessed
+status: processed
 tags: [futardio, metadao, futarchy, solana, governance]
 event_type: proposal
+processed_by: rio
+processed_date: 2026-03-11
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Single failed governance proposal for marketing/community engagement spending. No novel mechanism insights or claims - purely factual governance event. Created decision_market entity and updated parent Drift entity timeline."
 ---
 
 ## Proposal Details
@@ -75,3 +79,14 @@ Link to campaign details and evaluation criteria: [Link](https://docs.google.com
 - Autocrat version: 0.3
 - Completed: 2024-08-31
 - Ended: 2024-08-31
+
+
+## Key Facts
+- Drift is the largest open-sourced perpetual futures exchange on Solana
+- B.E.T is described as Solana's first capital efficient prediction market
+- Proposal sought $8,250 total: $3,000 grand prize + three $1,750 bounty tracks
+- Competition would run through Superteam Earn platform
+- Funding would come from Drift Foundation Grants Program in DRIFT tokens
+- Proposal account: AKMnVnSC8DzoZJktErtzR2QNt1ESoN8i2DdHPYuQTMGY
+- DAO account: 5vVCYQHPd8o3pGejYWzKZtnUSdLjXzDZcjZQxiFumXXx
+- Autocrat version: 0.3